Energy Transition, Carbon, Emissions, Hydrogen
February 24, 2026
What's holding back Europe's hydrogen ambitions?
Featuring Eklavya Gupte, James Burgess, and Matthew Hodgkinson
HIGHLIGHTS
EU’s second hydrogen auction fail to meet expectations
Episode explores EU’s CBAM impact on hydrogen trade
The European Hydrogen Bank is meant to be Europe's big enabler for large-scale renewable hydrogen production, so why did the EU's second auction fail to deliver on its promise?
In this episode of Energy Evolution, host Eklavya Gupte speaks with James Burgess, senior reporter at S&P Global Energy Platts, and Matthew Hodgkinson, senior principal analyst at S&P Global Energy Horizons, who explain why so many projects withdrew from the auction process and explore what's next for the EU's flagship model for kick-starting the green hydrogen sector.
Our experts assess the challenges facing the nascent market and take a look at other recent developments across the region, including the latest from the H2Global import auctions and how the EU's Carbon Border Adjustment Mechanism is affecting hydrogen trade.
Related content:
News feature: European hydrogen industry digests failure of second EU auction
H2Global news (Subscriber content): H2Global European hydrogen import auction opens global lot with Eur353/MWh cap
Price assessments (Subscriber content): Spain Alkaline Renewable PPA Derived Hydrogen Eur/kg SARHE00
